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From unemployment to sharp declines in GDP, and from growing inequalities to increased risk of violence against women, CGD is examining the impact of the novel coronavirus from all angles. In timely analysis and in-depth research, our experts are assessing the depth and scale of the crisis to help policymakers prioritize the most vulnerable populations.
The rising budget deficits and associated increases in public debt confronting the government of Papua New Guinea (PNG) make it difficult for the government to comply with the legislated debt ceiling of 45 percent of GDP within the foreseeable future.